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Corporate Announcements

March 31, 2009 - Kanpur, INDIA

Ashwani Dixit to be the new Chief Strategic Officer; Five business areas to fuel the growth of Profmax to become a $1 billion company

Profmax, a global IT Solutions Company, today announced a major organization-wide restructure to sustain its growth in recession and to tap new business opportunities through its alliances worldwide and to achieve the objective of becoming a $1 billion organization. The restructuring, which will be effective April 1, 2009, includes entering new market segments, setting up new business units, and new roles for senior management.

Ashwani Dixit, will assume the role of Chief Stratgey Officer at Profmax. In his new role, Ashwani will focus on strategic initiatives and long term development with the focus on five business areas: IT Services, ERP solutions, Mobile Gaming, Internet Marketing & Expanding the Partners Network.

The initial focus will be providing analytics services to its clients. Analytics will help companies gain deeper insight into their business, risk and opportunity areas, and customer behavior, for improved sales, marketing and operational effectiveness.

"Being focused on five business units will not only enable faster growth in our chosen areas, but will also help Profmax build greater capacity. This is a significant milestone in our journey towards becoming a $1 billion organization," said Ashwani.